Watch Your Tone, Mr. Dimon

JP Morgan Chase is still too big to fail five years down the road from ruin

Massachusetts Senator Elizabeth Warren wasn’t at all pleased with the tone Jamie Dimon, CEO of JP Morgan Chase, was taking in the wake of a federal finding this week, reports Annie Linskey. His bank is still considered by the feds to be too big to fail, five years after the stock market plummet and start of the Great Recession.

Wall Street still hasn’t gotten the message, said Warren. And they simply cannot continue to take all of the profits and push all the risk onto taxpayers, she said.